DeFi protocols are limiting Ether borrowing — here’s why
As Ethereum's Merge approaches, DeFi lending protocols are anticipating problems and are taking steps to mitigate them.
Results for Crypto, DeFi
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Compound Finance upgrade bug freezes $830M in crypto
An upgrade has introduced a bug to Compound Finance, leaving the platform’s ~$830 million cETH market unusable.
Celsius lawsuit claims KeyFi stole customer deposits to buy NFTs
A lawsuit from Celsius claims KeyFi lost and stole tens of millions of dollars worth of crypto while using Tornado Cash to launder its funds.
US sanctions on Tornado Cash spark free speech protests
Knock-on effects continue from the US sanctions on Tornado Cash. Free speech advocates even plan to challenge the US Treasury in court.
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
The firm originally hired bankers at Citibank to help with its restructuring, despite its history of strident anti-bank marketing campaigns.
NFT of Tucker Carlson being accidentally pro-choice raises $14K for abortion rights
An NFT of Fox News host and staunch anti-abortionist Tucker Carlson has raised over $14,000 for groups like Planned Parenthood.
Billions in funds frozen as crypto manager Babel renegotiates loans
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
Explained: Solend DAO’s whale wars and DeFi lending drama
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
Bancor suspends DeFi Impermanent Loss Protection when users need it most
Citing “hostile market conditions,” Bancor has decided to suspend its main service, Impermanent Loss Protection.
J.P. Morgan plan to grow institutional DeFi despite CEO ripping on Bitcoin
One of the world's largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.